Huobi Launches OTC Desk for Institutional Investors

Major global crypto exchange Huobi launched a Gibraltar-regulated OTC desk to fulfill demand for large volume trading. Major global crypto exchange Huobi has launched a regulated over-the-counter (OTC) trading desk for institutional investors, according to a blog post on May 15. The new OTC crypto trading platform, Huobi OTC Desk, is fully regulated by the […]

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Chinese Social Media Giant WeChat Bans Crypto Transactions in Its Payment Policy

Chinese social media giant and payment service provider WeChat banned cryptocurrency transactions in its payments policy. Chinese social media giant and payment service provider WeChat banned cryptocurrency transactions in its payments policy. Dovey Wan, founding partner of crypto investment firm Primitive, tweeted the news on May 7. The tweet contained a screenshot of the policy […]

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Monex Reveals July Start Date for US Exchange as Coincheck Reports $15 Mln Loss in 2018

The broker’s acquisition of Coincheck and the crypto bear market appeared to weigh on overall performance. Japanese online broker Monex Group is planning to start trading in their United States cryptocurrency exchange in July, CEO Oki Matsumoto said on April 25, according to Cointelegraph Japan. The spin-off, currently dubbed TradeStation Crypto, would serve semi-professional traders […]

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Over $100 Million Missing: CoinBene Claims Maintenance, a Month of Questions Point Toward a Hack

Back in March 2019, the CoinBene cryptocurrency exchange denied that it suffered a hack but claimed to be undergoing maintenance, despite losing 109 ERC-20 tokens worth about $105 million. Remember CoinBene, the cryptocurrency exchange platform that denied being hacked at the end of March 2019, and instead saying it was undergoing maintenance? Well, it turns […]

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